XRP News Today: BlackRock to File XRP ETF as Ripple Legal Case Concludes

BlackRock, the world’s largest asset manager, is expected to file a spot XRP exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission following the conclusion of the prolonged legal dispute between Ripple and the SEC. The dismissal of the appeal in the Ripple case, which spanned multiple years, has removed a key legal uncertainty surrounding XRP, creating a more favorable environment for institutional investment products [1]. Industry analyst Nate Geraci of NovaDius Wealth Management has highlighted that the timing is “strategic” for BlackRock, allowing it to expand its cryptocurrency ETF offerings beyond Bitcoin and Ethereum [2].

The legal resolution has already sparked a positive market reaction. In the days following the appeal dismissal, XRP’s price rose approximately 11.4%, reflecting renewed investor confidence [3]. Analysts suggest that the case’s conclusion is a critical turning point for XRP, potentially enabling the asset to be included in regulated investment vehicles like ETFs [4]. This development aligns with broader trends in the crypto market, where regulatory clarity has been a key driver of institutional participation and market legitimacy.

While BlackRock has not officially confirmed a filing timeline, multiple reports indicate that the firm is preparing to submit an application soon after the Ripple case’s finalization. One report states that BlackRock “plans to submit an XRP ETF application to the SEC once the Ripple appeal is concluded,” reinforcing industry expectations of imminent action [5]. This move would mark another step in BlackRock’s strategy to diversify its crypto portfolio, building on the success of its Bitcoin ETF and other digital asset offerings.

The potential filing of an XRP ETF is not an isolated event. It is part of a broader trend of institutional adoption, with speculation that BlackRock may also apply for a spot Solana ETF by October, ahead of a regulatory deadline [6]. If approved, these products could signal increased confidence in the long-term viability of cryptocurrencies among traditional financial institutions.

Nate Geraci has emphasized that the Ripple case’s resolution “creates a clean legal slate” for XRP, removing a major obstacle to its inclusion in investment vehicles [7]. His remarks underscore the significance of the timing for BlackRock, which is positioned to capitalize on regulatory progress and investor demand for diversified crypto exposure.

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Source:

[1] Bitcoin.com – [https://news.bitcoin.com/blackrock-will-file-for-spot-xrp-etf-says-expert-as-finish-line-approaches/](https://news.bitcoin.com/blackrock-will-file-for-spot-xrp-etf-says-expert-as-finish-line-approaches/)

[2] CoinGape – [https://coingape.com/blackrock-xrp-etf-filing-expected-as-ripple-lawsuit-ends-expert-says/](https://coingape.com/blackrock-xrp-etf-filing-expected-as-ripple-lawsuit-ends-expert-says/)

[3] BeInCrypto – [https://beincrypto.com/blackrock-xrp-etf-ripple-sec/](https://beincrypto.com/blackrock-xrp-etf-ripple-sec/)

[4] CoinTurk – [https://en.coin-turk.com/blackrock-sets-sights-on-xrp-etf-as-ripple-case-closes/](https://en.coin-turk.com/blackrock-sets-sights-on-xrp-etf-as-ripple-case-closes/)

[5] The Economic Times – [https://m.economictimes.com/crypto-news-today-live-08-aug-2025/liveblog/123173392.cms](https://m.economictimes.com/crypto-news-today-live-08-aug-2025/liveblog/123173392.cms)

[6] Reddit – [https://www.reddit.com/r/CryptoCurrency/comments/1mkjuv7/blackrock_likely_to_file_for_spot_xrp_and_solana/](https://www.reddit.com/r/CryptoCurrency/comments/1mkjuv7/blackrock_likely_to_file_for_spot_xrp_and_solana/)

[7] AInvest – [https://www.ainvest.com/news/xrp-news-today-blackrock-poised-file-xrp-etf-regulatory-clarity-grows-2508/](https://www.ainvest.com/news/xrp-news-today-blackrock-poised-file-xrp-etf-regulatory-clarity-grows-2508/)